BSV - LONG & SHORT SETUP IDEAHi guys, I share this idea for shorts or longs. We must wait for the price action and make the decision later. No rush!!
BSVUSD
Continued wave patternUpward trend all day. RSI is overbought and needs a breath. Some slight pull back with continued rise
Updated BSV Count, Time to Place LongsSee related chart. Correction played out exactly where it was expected. Just adjusting wave (4) and subwaves to a WXY combo.
Trade Review BSV: Perfect Head & Shoulders Breakout!Hello crypto friends, I wanted to post about this setups on BSV last week (and also BCH), I totally forgot about it unfortunately because of all the other setups that we had going on. Just wanted to show you how perfectly the Head & Shoulders played out, giving up to 40% on profits.
With BCH the pattern was more complex, but nonetheless we broke the neckline here also:
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Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Always 10 steps ahead...Sorry for being such a die-hard bull with my "looking to buy if price goes down" ideas. Evens it out with my "looking to sell if price goes up" die-hard bear.
Well according to brainless BET cultists. Well not really they will call me a "permabear" in both cases.
But according to BTC fanatics IF they had a once of logic in them.
I got a feeling BTC is not going to go as high as I hoped. So I will just short early. If it does go higher I will re-short it so whatever.
I WANT BTC to make a certain pattern but the facts ARE that baggies are in complete complacency and totally oblivious as to what is going to come.
They seemed to have moved past their excitement and are now completely relaxed (a relaxed anus that does not know what is about to come).
"Just relaxing and waiting for BTC to keep going up and make us millionaires".
So I guess it is time for me to post buy areas.
Rince and repeat.
Bull case for BTC if the price goes down:
Uh I hate posting this some thirsty BTC weirdo stalkers are going to feel sexual pleasure from seing lines go up. Yuck.
Maybe I will regret this and stick to only write it, they seem to be illiterate anyway XD.
Bear case:
Pretty sure something like this will happen...
Honestly I do not know if BSV is in accumulation or about to break and go up up up (or it wa all a scam & thx for the money):
Good thing I do not do very long term like the lazy baggies. Imma just get out.
BSV buy setup!Hello Guys, we have a buy setup with different Take Profit prices
based on different R : R choices!
BSVUSD Pulling Back to 173 in the Next MonthsThe surge is not sustainable and a correction is looming for this pair.
Bsv pattern complete!Hey guys, Bsv completed the move down like I predicted (see the link below)
the pattern is complete and a small consolidation in lower
time frames will confirm the upside more over 300usd!
Bsv if break the top can be a trap!Hey traders, be careful with BSv, the move is not powerful and can make one more low to complete a bigger pattern.
I update you if something new happens!
BSVUSD - Continuation Breakout Setting Up!Technical Setup forming on BSVUSD with a continuation breakout towards recent highs.
BSVUSD LongHey Guys, BSV looks like it might be ready to take off towards the 300 usd mark,
although there remains a possible visit back to the recent lows if we can't break here
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BSV - THE NEXT TARGETSHey Everyone,
After BSV successfully reached all of my previous targets, I have been waiting for the dust to settle before updating you all again.
Right now BSV is in a period of consolidation, and it is possible to trend sideways within the squiggles I have drawn, BUT this may not happen either, as we all know well that BSV is the Crypto Honey Badger and may just decide to reach for upper targets without much of a correction, and right now is holding strong against BTC being one of the only coins to be in the green today, at the time of writing this BSV has a 3.51% gain compared to BTC 2.41% Loss.
Right now I see BSV heading to retest the high before a minor correction and then should attempt TARGET 7 before a possible deeper correction within the squiggles. Corrections are needed and just add fuel to reaching upper targets. I do not recommend shorting BSV as the movements are never clearly defined. And often due to the support of the BSV community all dips are bought as quickly as they happen.
My other recommendation if you are margin trading do not over margin and only use low leverage due to the flash crash we saw on our last high. Whales are watching and will be only too eager to steal your hard earned profits. BSV is probably one of the only coins that you can leverage, that I would recommend NOT leveraging at all.
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
BSV - HOW WE GET TO TARGET 2!Hey Everyone,
BSV has been running at snails pace over the last few days while BTC have been having a small wave party... where we all got an invite.
It was fun as now we can buy more BSV as it is just about to take off.
So breaking down the chart, BSV moved in triangle patterns, each and every chart develops it's own pattern and forms a pattern memory from the traders that buy and sell. So how BSV is tending to move, is triangle up, quick move up, triangle break down, form a flag, then we should get another move higher.
Tradition charting says the length of the flag pole from the first move will form the basis of the target for the next move. Ironically that takes us to target 2 from my previous BSV Chart.
BSV is a scalpers dream, it has moved all week in $10 movements allowing book end sells and buys!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
BSVUSD updateAfter the impulse a flag appeared, it did not work out; nevertheless, it helped to avoid a rapid rollback down. Now, the probability of a collapse to $ 180 has significantly decreased, although the Power balance indicator signals a decline. Most likely, the rate will drop to $ 200 and stay in a flat by the end of the weekend. Starting from Monday, the volatility should increase. It should be noted that the 38.2% Fib correction cannot be completely ruled out.
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BSVUSD - "Real" BitCoin in Accumulation, Poised for BreakoutsNo change in our stance on BitCoin. We are in a range, consolidating ahead of future breakouts. Bias remains up as the market accumulates for a break through all-time highs.
BSVUSD - Continuation Breakouts Favoured!We like continuation breakouts on BitCoin from the current situation.
However be cautious of aberrations and spikes. Liquidity on the "true" bitcoin is very low
and thus the cryptocurrency is prone to manipulation.
Keep your stops in the machine at all times, and prefer short holding periods.
This is a trading vehicle, not an investment!
BitCoin - BSV at All Time Highs! Get Long On Pullbacks!We are initiating coverage of the "real" Bitcoin
after Craig Wright (craigwright.net) claimed
to be Satoshi Nakamoto.
Coverage of Crypto will always be more technical
in nature than in FX or other assets as it is a
purely speculative vehicle.
Yesterday's Continuation breakout pushed prices
to all-time highs. Profit taking is to be expected now.
Prefer pullbacks into shor-term support to get long
again ahead of a new breakout!
$BSV has bottomedBottom is in, looking to add to position on retrace to green box, future levels marked - but this thing's going to infinity.